New Delhi:The CBI has given a clean chit in the bribery case to former railway minister and Rashtriya Janata Dal leader Lalu Prasad Yadav, who has been on bail since April after being in jail for more than three years.
According to sources, the Economic Offenses Wing of the CBI started a preliminary inquiry against him and real estate developer DLF Group in January 2018 over alleged corruption.
The investigation was opened on the allegation that the DLF group – eyeing the upgradation of the rail land lease project and the New Delhi railway station project in Bandra, Mumbai – had given former railway minister Lalu Prasad Yadav a property in an upscale south Delhi Was bribed with
It was alleged that AB Exports Private Limited, a facade company, bought a property in New Friends Colony in South Delhi in December 2007 for about Rs 5 crore, which was acquired by DLF Home Developers for Lexis Infotech Pvt Ltd and some other shell companies. Was funded through. Whereas the actual circle rate of the said property was Rs. 30 crores at that time.
In 2011, Tejashwi Yadav, Chanda Yadav and Ragini Lalu, family members of Lalu Prasad Yadav, allegedly bought AB Exports Pvt Ltd for just Rs 4 lakh from the transfer of shares, thereby owning South Delhi’s Rs 5 crore property. Was.
The agency also named Praveen Jain and Amit Katyal as intermediaries who brokered and executed the said transaction between DLF Group and Lalu Prasad Yadav.
CBI sources told NDTV that after a two-year investigation, “the preliminary investigation was closed as no case was made out of the allegations”
Sources also said that although the investigation team had thought of turning the preliminary inquiry into a regular case (FIR) citing the investigation, several irregularities were detected, including “old stamp papers, fake transactions and Yadavas.” The assets included “transfer of favor”. Senior supervision officers, including the then director RK Shukla, ordered the case to be closed for lack of evidence.
The Income Tax Department also started a separate investigation into the case.